Auto News by Nabeel A Khan

India is home to the world’s second-largest road network, and it is expanding, but how viable are the long car road trips in India? As the country moves to hike toll taxes, adopt multi-modal transportation and deal with the fresh regime of penalties under the new MV Act, we took an unlikely ride- Lexus NX300h, a luxury hybrid SUV, to find out the technology’s adaptability on long trips versus intra-city run and also to understand the nitty-gritty of a long drive in India.

Blackstone had acquired an almost 100 per cent stake in Chennai-based auto components maker Comstar for about Rs 1,000 crore and the merger with Sona BLW will enable it to synergise the two acquisitions.

ICE technology will phase out by 2040. In another major disruption, the market size of the services linked to mobility will increase from $30 billion now to $1500 billion by 2030, says Elmar Degenhart.

The coastal city is a unique market for not being a local resident-driven but tourist driven. It has the highest vehicle penetration with the number of tourists being five times the local population. Due to various factors, the market has seen massive drop in demand of automobiles in the last two years.

Alexander Huges, a Paris-based international executive search firm having presence in over 40 countries including India has been assisting automotive industry for decades. It has assisted auto majors like PSA, Group Renault, and Tata Motors in key appointments.

It is true that Indian market is of much interest to us and we are actively working on relevant platforms to tackle this (Indian) market, says Denis Le Vot, Global Head of Renault-Nissan Alliance LCV business.

ETAuto takes a deep dive into the turn of events in the past and pieces them together to reflect on its impact on global and Indian market after Ghosn’s arrest. Whatever be the truth- the rift between the two partners have come in public – so who gains or losses from the perennial acrimony.

In fact, segment leaders like Maruti Suzuki, Tata Motors and Hero MotoCorp have reported de-growth of 34.3 per cent, 45 per cent and 20 per cent, respectively giving a clear indication of a prolonged slowdown in the sector.